Reich & Tang Deposit Networks, LLCbenefits
Reich & Tang Deposit Networks, LLC Health & Welfare Plan · NEW YORK, NY · plan year 2024
Broker compensation reported · 2024
$30,687
Reich & Tang Deposit Networks, LLC's benefits plans covered 160 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $30,687 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $192 per covered person, above the median for employer plans that report broker pay. Broker pay rose 38% from $22,283 in 2023.
Insurance contracts · 20245
NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORKpremiums n/a · 160 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 143 covered
NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK · lifepremiums n/a · 170 covered
NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK · ltdpremiums n/a · 62 covered
EYEMED VISION CARE · visionpremiums n/a · 259 covered
Brokers & agents paid · 20241
EDGEWOOD PARTNERS INSURANCE CENTER$30,687 · incl $5,859 fees
Also brokered by Edgewood Partners Insurance Center5
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 474478759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.